6:11 bonus stock: Over 5 crore shares of garment player Lorenzini Apparels list on NSE, BSE
Listing of issue of 55299841 Equity Shares of Re 1 each allotted under a bonus issue made by the company.
6:11 bonus stock: Shares of Lorenzini Apparels Limited, which is engaged in the business of manufacturing and designing readymade garments, has informed exchanges that over 5 crore bonus shares are now listed on the BSE and National Stock Exchange of India Limited (NSE).
"Listing of issue of 55299841 Equity Shares of Re 1 each allotted under a bonus issue made by the company," the company said in a filing.
The board of directors of the small-cap company has fixed March 28, 2024 as the record date for ascertaining the eligible shareholders for issuance of 6:11 bonus shares and a 1:10 stock split. Earlier, it was March 27 2024 but later on, they revised the record date for bonus shares and stock split to 28th March 2024.
Equity benchmark indices Sensex and Nifty continued to slump on Tuesday dragged down by heavy selling in IT stocks amid weak global trends and fears of escalating tensions in the Middle East.
Outflow of foreign fund also dented investors' sentiment.
Continuing its downtrend for the third day running, the 30-share BSE Sensex tanked 456.10 points or 0.62 per cent to settle at 72,943.68. During the day, it slumped 714.75 points or 0.97 per cent to 72,685.03.
The NSE Nifty declined 124.60 points or 0.56 per cent to finish at 22,147.90.
From the Sensex basket, Infosys, IndusInd Bank, Bajaj Finserv, Wipro, HCL Technologies, Bajaj Finance, Tech Mahindra, Tata Consultancy Services, and Larsen & Toubro were the major laggards.
Titan Company, Hindustan Unilever, HDFC Bank, Maruti, ITC, Power Grid and Reliance Industries were the gainers.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
RCB vs CSK IPL 2024 Ticket Booking Online: Where and how to buy RCB vs CSK tickets online - Check IPL Match 68 ticket price, other details
SIP Returns: How Rs 3,000, 5,000, and Rs 10,000 SIPs can help you build retirement corpus of Rs 1.06 cr, Rs 1.77 cr, and Rs 3.53 cr
Go Digit IPO: Should you subscribe Virat Kohli, Anushka Sharma-backed issue? Here's what Anil Singhvi suggests
Women loco pilots speak about their struggle; many men have to be informed even for 'washroom break' in a moving train
Bandhan Bank Q4 FY24 Results Preview: PAT, interest income likely to grow in almost double digits; asset quality may improve
Gold and Silver rate today (May 16, 2024): Yellow metal futures subdued; white metal hits record high breaches Rs 87,000 mark
05:25 PM IST